What is the effective property tax rate in Florida for 2026?

Florida's average effective property tax rate is about 0.83% of home value. That figure is the statewide average ratio of property tax actually paid to market value, so your local bill can be higher or lower depending on your county, city, and school district rates.

How much is property tax on a $400,000 home in Florida?

Applying the $50,000 homestead exemption, a $400,000 home has a taxable value of $350,000. At 0.83%, the estimated tax is about $2,905 per year, or roughly $242 per month. Without the exemption it would be about $3,320.

How is this Florida property tax estimate calculated?

The tool multiplies your home's value (after any homestead exemption) by Florida's 0.83% effective rate: annual tax = taxable value × 0.83%. Monthly escrow is the annual figure divided by 12.

Florida Property Tax Estimator (2026)

Q: Does Florida have a homestead exemption?

Yes. Florida's homestead exemption removes up to $50,000 of assessed value for owner-occupied primary residences (a $25,000 exemption that applies to all taxes, plus a second $25,000 that applies to non-school taxes on value between $50,000 and $75,000). This estimator subtracts $50,000 from your value when you mark the property as your primary residence.

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Florida property tax averages about 0.83% of a home’s value each year. This estimator applies that statewide effective rate to your home value to project an annual and monthly property tax bill for Florida in 2026.

How it works

Florida’s average effective property tax rate is 0.83% — the statewide ratio of property tax actually paid to market value. The estimate applies that rate to your home’s value after any homestead exemption:

taxable value = home value - homestead exemption
annual tax    = taxable value x 0.83%
monthly tax   = annual tax / 12

The tool can also subtract Florida’s homestead exemption of $50,000 from the value before applying the rate. Florida’s homestead exemption removes up to $50,000 of assessed value for owner-occupied primary residences (a $25,000 exemption that applies to all taxes, plus a second $25,000 that applies to non-school taxes on value between $50,000 and $75,000).

Example

Take a $400,000 home in Florida. Applying the $50,000 homestead exemption first gives a taxable value of $350,000, so the estimated annual tax is $350,000 × 0.83% = about $2,905 ($242 per month).

Notes

This is an estimate only and not financial or tax advice. It uses Florida’s 0.83% statewide average effective rate; your actual bill depends on local county, city, and school-district millage, assessment ratios, assessment caps, and any local exemptions or credits. For an exact figure, confirm with the Florida Department of Revenue and your county property appraiser.